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that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early in the weekend bad numbers today. can't make sense of that. stuart: i won't say it was a romney rally. >> if you did i would back you up. stuart: wait a second. let's be serious. we are five weeks from the election. we have had one debate and a result that favors romney. can you really say the dow up 1900 points is a result of romney's win? >> i think it gives it some additional momentum. it gives a little bit of a boost because romney is the choice of wall street. he is good for the market and good for the economy. the people who work
that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early...
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you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get to the issue that rich people need the money because they create the jobs. i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for romney. i think it's an objective -- it may be theater, but this is a major campaign event of the entire cycle. maybe the major campaign event treated as a lesson in information or education. it was a campaign event and both sides went at it to win and one side won. i go back to a couple of points. romney was able to get away
you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get to the issue that rich people need the money because they create the jobs. i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems...
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the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dodd-frank designates banks too big to fail. this is an enormous boom for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. you can i get rid of all regulation. -- you cannot get rid of all regulation. there are some parts that make all of the sense in the world. in a transparency, the average leverage limits. thist's let him respond to specific one --
the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the...
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and i think if we're going see our way out of the largest economy of challenge of our economy -- how do we take care of sick. and the poor? and how do we stop climate change? for us, west to the hypothetical. it's not academic. and the consequences are not insignificant to us because what happens fifty years from now we'll be affected. we'll still -- i plan to be around still, fifty around. i plan to be in office, i hope. i'll be in my 13th term. we have to take that energy and that creativity and that authority and inject it in to our government. at the moment, government is being run by grown-ups over all the world. are too often not getting the job done. bringing in the here just with all of you. not in office, i want to talk a little bit more about the voter, especially with the results of the survey that was released this morning by the berkeley center. while we have a lot of energy creativity, news media access is arguably easier than over to get ahold of 50% are registered to vote. more are registered but 50 percent are certain. what's going on with that? someone mentioneddier
and i think if we're going see our way out of the largest economy of challenge of our economy -- how do we take care of sick. and the poor? and how do we stop climate change? for us, west to the hypothetical. it's not academic. and the consequences are not insignificant to us because what happens fifty years from now we'll be affected. we'll still -- i plan to be around still, fifty around. i plan to be in office, i hope. i'll be in my 13th term. we have to take that energy and that creativity...
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there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i think most people would agree that the president does more in his sleep than john sununu. karen finney, what was underneath this, referring to the president as lazy and a pizza boy? >> well, this is what we have seen time and again from the conservatives in terms of the lack of respect for this president. they have really demeaned the office of the presidency. you had a prominent conservative writer earlier this week essentially say the only reason, the only excuse possible as to why barack obama could be ahead in the polls is because he's black. i mean, this -- you also had john
there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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that basically make his case for what he's doing with the economy. sure he says nice things about teachers and some other stuff. infrastructure in a vague way but there was no boom, boom, boom. romney had that five-point plan to start with. it was effective. and then another five points. >> the preparation wasn't good enough. it wasn't that they didn't practice enough they didn't have a strategy for the debate. >> and they needed to execute -- >> all three of you one at a time. what do you think romney went in there to do tonight? what was his plan? >> his plan was to seem more moderate. to seem more specific. remember, he knew he'd be under attack for not being specific enough. and be being kind of wonky, he kind of blunted that attack of the president. and he also needed to seem confident and presidential and he achieved that. obama did not achieve his objectives. >> what was romney's plan. >> i saw a human side. for the first time i saw a human side. he came out of the gate, i knew this woman. this is her story. we haven't seen this. >> for a guy
that basically make his case for what he's doing with the economy. sure he says nice things about teachers and some other stuff. infrastructure in a vague way but there was no boom, boom, boom. romney had that five-point plan to start with. it was effective. and then another five points. >> the preparation wasn't good enough. it wasn't that they didn't practice enough they didn't have a strategy for the debate. >> and they needed to execute -- >> all three of you one at a...
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the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dr. frank -- dod rank -- dod -frank dissipates banks too big to fail. this is an enormous boon for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. there are some parts that make all of t sense in the world. in a transparency, the average once -- leverage lemons. --limits. >> of us to let him respond to this
the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with...
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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up food prices are up health care costs have gone up by $2,500 a family. middle income families are being crushed. and the question is how to get them going again, and i described it energy trade, the right kind of training programs balancing our budget, and helping small business. but the president mentioned a couple of other ideas. first education. i agree. education is key. but our training programs right now, we have 47 of them housed in the federal government reporting to eight different agencies, we have got to get those dollars back to the states and go to the workers so they can create their own pathways to get in the trainin
they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up food prices are up health care costs have gone up by $2,500 a family. middle income families are...
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we're still on the economy. this is theoretically, now, a second segment still on the economy, and specifically on what to do about the federal deficit. the federal debt. and the question, you each have two minutes on this -- and, governor romney, you go first because the president went first on segment one. romney: yeah. >> moderator: and the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country. romney: i'm glad you raised that, and it's a criticallish hsu. i think it's not just a economic issue, i think it's a moral issue. it's not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on the the next generation, and they're going to be paying the interest and the principal all their lives. and the amount we're adding at a trillion a year is simply not moral. so how do we deal with snit mathematically, there are three ways that you can cut a deficit. one, of cours
we're still on the economy. this is theoretically, now, a second segment still on the economy, and specifically on what to do about the federal deficit. the federal debt. and the question, you each have two minutes on this -- and, governor romney, you go first because the president went first on segment one. romney: yeah. >> moderator: and the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country....
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the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balanc
the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan...
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every free economy has good relati regulation. >> every good economy has good regulation. great point. why don't you tell to this guy. >> if i'm the president of the united states, we're going to rein back the regulations. we're not going to expand regulation. >> burdensome regulations serve only to restrict freedom and imperil enterprise. >> you see, last night as i watched the debate, many people that i work with, many people that i know in and around the country, were worried about whether the president was on his game. i was being ensuggested when someone can tell me something for 18 months and then tell me in one night the complete opposite, and i'm not going to get offended, when someone can tell me they're going to deregulate and then come back and tell me they're going to regulate, someone's going to tell me they'll take health care, they don't care about people with pre-existing conditions and then change it, when someone stands up and said i want state's rights on health care and everything else, women, minorities and others will hear health care and other things
every free economy has good relati regulation. >> every good economy has good regulation. great point. why don't you tell to this guy. >> if i'm the president of the united states, we're going to rein back the regulations. we're not going to expand regulation. >> burdensome regulations serve only to restrict freedom and imperil enterprise. >> you see, last night as i watched the debate, many people that i work with, many people that i know in and around the country, were...
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the economy is going to be everything. how much does mitt romney promote himself and how much does he attack his proponent. put a percentage on it. romney has a lot of air time tonight and make his points. how much does he point out what i'm going to do and how much does he attack what the president has done. >> on a percentage 2 to 1 what i'm going to do. because he already has a large enough reservoir of voters to ho have rejected barack obama. romney vote plus the undecided vote in every poll is well over 50. what he has got to do is convince those undecides that he is the guy to do it. >> bill: 2 to 1 positive rather than negative. >> the third thing he has to do which he probably does in the governance debate maybe in the economy debate, he has got to put obama care back into this election. this election has to be about two things. the economy and obama care. that's the import of of the ruling. can't get rid of obama care until you get rid of obama. he needs to talk about that. he has largely given obama a buy on that
the economy is going to be everything. how much does mitt romney promote himself and how much does he attack his proponent. put a percentage on it. romney has a lot of air time tonight and make his points. how much does he point out what i'm going to do and how much does he attack what the president has done. >> on a percentage 2 to 1 what i'm going to do. because he already has a large enough reservoir of voters to ho have rejected barack obama. romney vote plus the undecided vote in...
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things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out there saying we have to do something about it. that's not mainstream opinion in the democratic party. >> i believe he says we have to tweak it from time to time. indeed we do as population bubbles come and go. i think they're overreacting a little bit. let's be honest here. a lot of people in the democratic party base really wanted to see the president go out and poke him in the eye and tear off his face. >> i think they want to hear the number 47%. why didn't we hear that? >> i think that the 47% -- look, i'm not part of the debate strategy. but for the last several weeks everybody is asking how the heck c
things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out...
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economy. waiting on spain, the ecb expected to hold steady on rates. country's president tells cnbc that europe's policymakers must remain focused. >> if we get bogged down into what was meant by the june agreements and waste time on this kind of discussions, then it's much less likely that a coherent system will emerge. >> madrid continues to put faith in the hands of private investors while finance minister heads to london to raise funds for the country's bad bank. and india's crucial services sector grows at its fastest rate in seven months, while the government gets set to take another swing at boosting it through foreign investments. thanks very much for joining me. anyone that's missing ross, he'll be back in tomorrow. but for now, you're all mine. . plenty to come on the next couple hours of the show. lots of guests to help us figure out what's going on. we'll get a view from sydney about cautious shoppers. borrowing costs are expected to fall. we'll bring you those results from madrid.
economy. waiting on spain, the ecb expected to hold steady on rates. country's president tells cnbc that europe's policymakers must remain focused. >> if we get bogged down into what was meant by the june agreements and waste time on this kind of discussions, then it's much less likely that a coherent system will emerge. >> madrid continues to put faith in the hands of private investors while finance minister heads to london to raise funds for the country's bad bank. and india's...
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he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years ago. the symbolism of both communities marching arm to arm children singing together. people coming together to fight for the same issue for the right to votes and also for the workers' rights and education is very important. we need to keep focus on that flavor of unity. together we can fight for 30% of the pie in such a 15%. -- and said a 15%. >> i do not want 30% of the pie. i want at least 50. %. folks, give it up for our panel. i want to thank all of you as well as everyone who watched this on the live shrink. tell your friends and f
he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years...
WHUT (Howard University Television)
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we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have the jobs to pay them back -- and for giving loans and do not have the jobs to pay them back. we very much need new solutions. what we hear from both barack obama and mitt romney are essentially a rehash of where we have been not only for the past four years, but certainly for the eight years before that. we're hearing more about deregulating business and wall street, as if we did not having a problem from that already. we're hearing more about tax breaks for the wealthy, and we've seen tax breaks continue over the past many decades across all s
we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have...
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he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance co
he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine....
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economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react. and romney was, you know, had a -- from a theatrical perspective, had a terrific evening. >> you tweeted out, which was your only tweet, no offense whatsoever. >> yeah. >> so you agree. >> i found the thing that was most surprising was that the president really seemed to have no offense. he seemed to kind of just sit there and no matter what governor romney said, and i think there was some substantial factual inaccuracies in his presentation which we're going it hear a lot about today, but the president just seemed to, you know, just sort of sit there and tak
economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react....
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a romney supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd can
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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. >> there was a lot of focus on the economy and creating jobs. >> what is going on and i think that he will do well. >> as far as how he did with president obama? >> i think that there is a certain level of president obama is uncomfortable throwing him for a loop. >> much more on politics coming up. let us turn our attention with weather, f traffic. >> good morning. we are looking at decent conditions but not quite that cool down. with low clouds and fog and breezy. we could see that it is along the coast. those clouds are expected to come right back and. tracking that on fog tracker 4. with clouds right now and it will clear out but by 10:00 a.m. still along the coast. and making its way into the overnight hour. with temperatures in the 60s in san francisco. san jose, oakland. and 59. currently to the livermore valley. and starting in the south bay. 80s and los gatos and for the missmost portion 60s with 70's for san jose. the inland areas could see more of 80s but upper 70's for walnut creek. 70's for the east bay shore. and low 60s for ocean beach. and into the north bay mid 70's
. >> there was a lot of focus on the economy and creating jobs. >> what is going on and i think that he will do well. >> as far as how he did with president obama? >> i think that there is a certain level of president obama is uncomfortable throwing him for a loop. >> much more on politics coming up. let us turn our attention with weather, f traffic. >> good morning. we are looking at decent conditions but not quite that cool down. with low clouds and fog and...
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well, the economy still growing so. as a matter of fact, going much more slowly now than when he made that statement. so if you believe the same thing can you just don't want to raise taxes on people. the reality is it's not just wealthy people. it's not just donald trump you are taxing. it's all those businesses that employ one quarter of the workers of america. small businesses taxed as individuals. you have raise taxes any skill jobs. that's why the national federation of independent business said your plan will kill 700,000 jobs. i want to kill jobs in this environment. i'll make one more point. >> moderator: let's go to the taxes thing for a moment. mr. president. obama, well, we've had this discussion before. >> moderator: in order to reduce the deficit, there has to be revenue in addition to cuts. obama: governor romney has ruled out revenue. romney: look, the revenue i get is by more people working, getting higher pay, pay more taxes. that's how we get growth and balance the budget. the idea of taxing people mor
well, the economy still growing so. as a matter of fact, going much more slowly now than when he made that statement. so if you believe the same thing can you just don't want to raise taxes on people. the reality is it's not just wealthy people. it's not just donald trump you are taxing. it's all those businesses that employ one quarter of the workers of america. small businesses taxed as individuals. you have raise taxes any skill jobs. that's why the national federation of independent...
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of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to ne
of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making...
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but let's get back to the economy, it was governor romney who talked about what he would do to create jobs. he's the one who put forward specifics about his plan. one thing that know one has talked about today is that his five-point plan includes increasing trade with central and south america. trade in our hemisphere, which is absolutely essential for us and easier and will build up central and south america so that it has more stable economies. >> one thing that came up last night was about mitt romney's plan to add 12 million jobs, but the economic forecast that's been projected by the cbo already says that 12 million jobs are going to be added over the next four years because of the current path we are on economically. so senators, i want to get you on the record about what came up about obama care last night and the arguments that were made back and forth on that front. who made the better argument about where we stand and what we need as a nation health care wise? >> we saw mr. romney as an etch-a-sketch. when he was running in the republican primary he moved to the right. yeste
but let's get back to the economy, it was governor romney who talked about what he would do to create jobs. he's the one who put forward specifics about his plan. one thing that know one has talked about today is that his five-point plan includes increasing trade with central and south america. trade in our hemisphere, which is absolutely essential for us and easier and will build up central and south america so that it has more stable economies. >> one thing that came up last night was...
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. >> jobs, health care and the economy taking center stage in denver. it is thursday, october 4th. >> announcer: from abc news, this is "world news now." >>> good thursday morning, everybody. i'm rob nelson. >> give us a second. >> yeah. the large pizza. >> okay. i am paula faris. we'll go live to denver in a moment to see how analysts and voters are scoring the debate. >>> also ahead, back in business, american airlines says its fleet of 757s is good to go after being checked for the loose seat problem that caused trouble on three flights. >> good to know. also progress on the dispute with the labor union as well. hopefully progress there. >>> also later in this half hour, a bumper crop on chicago's south side. two football field's worth of marijuana worth millions of bucks, growing right there in the city. but now, it's police who will be harvesting the plants. two football fields of weed. >> the police are harvesting the? >> yeah. >> very interesting. >>> and then inside celebrity lawsuit. a steamy tv doctor tells his real life rock star neighbor, i'
. >> jobs, health care and the economy taking center stage in denver. it is thursday, october 4th. >> announcer: from abc news, this is "world news now." >>> good thursday morning, everybody. i'm rob nelson. >> give us a second. >> yeah. the large pizza. >> okay. i am paula faris. we'll go live to denver in a moment to see how analysts and voters are scoring the debate. >>> also ahead, back in business, american airlines says its fleet...
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and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to corporations that move jobs overseas. when he was asked what he would do to actually cut spending and reduce the deficit, he said he'd eliminate public television funding. don't boo now. but i just want to make sure i got this straight. he'll get rid of regulations on wall street. but he's going to crack down on sesame street. >> all right. so there's the president of the united states. he's got a good line there about mitt romney. he's been ridiculing mitt romney big time. he did it earlier today. now. something he avoided doing dramaticall
and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to...
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this is a about the economy, and it is especially about the jobs situation. in terms of tomorrow's number, we're saying 120,000 which isn't horrible but not great either. that's 120 total. 135 private sector. so government is shrinking still. on the unemployment rate, all important we think it is going to go up a tick to 8.2%. this is not going to be good news for the president. dagen: what is romney talking about that would be a bigger job creator at this point and do it immediately than the president? >> well i think what he is talking about is in fact not raising taxes and essentially reducing the regulatory burden, but as you know, and the president said it, but it's true, the president's plan as well, there are not a lot of specifics here so it is a little hard to kind of pin down exactly what each of these candidates is going to do. but i think the general view is less government basically. let the free market do its thing. that was the message from last night. let the american people make their own choices, do their own thing. and that's sort of in a b
this is a about the economy, and it is especially about the jobs situation. in terms of tomorrow's number, we're saying 120,000 which isn't horrible but not great either. that's 120 total. 135 private sector. so government is shrinking still. on the unemployment rate, all important we think it is going to go up a tick to 8.2%. this is not going to be good news for the president. dagen: what is romney talking about that would be a bigger job creator at this point and do it immediately than the...
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president obama's view of how we fix our economy. much more in line with main strewn americans believe, the middle class believes. the things that president clinton used, balanced approach. opportunity and, i thought that governor romney really didn't do anything to dissuade the general public from the view that he would like to go back to the days of the bush tax cuts for the wealthy and hope that this time, instead of growing deficits, and growing unemployment, that it grows jobs. so governor romney really needed a game changer tonight. i hate to say this but i find myself agreeing with chris christie. governor romney really needed to turn the world upside down. he really need ad game changer tonight. i think you would be sore pressed to find that magic moment that was the game-changer tonight. and, so, that was my view in watching it anyway. i also thought the president did a very good job finally nailing governor romney down to admitting he does want to turn medicare into a voucher program. i thought the president pushed back on
president obama's view of how we fix our economy. much more in line with main strewn americans believe, the middle class believes. the things that president clinton used, balanced approach. opportunity and, i thought that governor romney really didn't do anything to dissuade the general public from the view that he would like to go back to the days of the bush tax cuts for the wealthy and hope that this time, instead of growing deficits, and growing unemployment, that it grows jobs. so governor...
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that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more adepressive president? >> well, i know he's look very much forward to the debate on the 16th and i'll leave it to the theater critics to decide whether -- how his performance rates on that day. but i know this, he will come, he will make an honest argument with the american people about how he rebuilds the economy and middle class and hold governor romney to account for these big gaffes in the truth that we saw last night. >> gretchen: he didn't really answer the question about whether or not the president would be more aggressive. he went in a different interview to sa
that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more...
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so here you are looking at how the economy, the message of the economy has sort of gone over the course of the campaign. and i'm showing you three here, i'm showing you character, i'm showing you economy, but i could sort of bring in entitlements. there was a discussion of entitlements sort of that was in the wake of paul ryan's vp selection. and the, you know, the foreign policy, there was a spike when romney went abroad. so you never know what's in the mind of another person, but i believe a.j. invited us here as the data wonks. and our job is to keep everyone here on the panel honest, so -- >> thank you, michael. very interesting. you know, as our panel is to make their presentation now, they're leaving two items, at least two items that i thought would be interesting to address. one is the very interesting article and now it is a book out by sasha isenberg about the fact that the press can't keep up with the political consultants and social networking experts, and reporters, basically, are way behind the curve in this campaign. and i think that's an interesting topic to take a look
so here you are looking at how the economy, the message of the economy has sort of gone over the course of the campaign. and i'm showing you three here, i'm showing you character, i'm showing you economy, but i could sort of bring in entitlements. there was a discussion of entitlements sort of that was in the wake of paul ryan's vp selection. and the, you know, the foreign policy, there was a spike when romney went abroad. so you never know what's in the mind of another person, but i believe...